Housing Continues to Crumble

Sales of existing homes sank another 5.4 percent in June, to a 5.12 million seasonally adjusted annual rate. That is the fifth consecutive monthly decline leaving the selling pace at the lowest level since June 2020 following the lockdown recession. Sales were down 14.2 percent from a year ago and 21.1 percent from the January…



Over one hundred fifty years ago, Carl Menger started his economic theorizing with the recognition that “goods” are useful things that satisfy human needs. From there, he proceeded to develop a subjective theory of value that supplanted the prevailing labor theory of value. The rest is history. Such foundational insights yielded supply and demand and…


Media Confidence Ratings Drop To Fresh Record Lows

By Megan Brenan of Gallup.com Americans’ confidence in two facets of the news media — newspapers and television news — has fallen to all-time low points. Just 16% of U.S. adults now say they have “a great deal” or “quite a lot” of confidence in newspapers and 11% in television news. Both readings are down…


The Story of Joseph and Aseneth

The following abridgment of the love story of Joseph and Aseneth is derived from the Book of Joseph and Aseneth, which is part of the Old Testament Pseudepigrapha.* It came to pass in the first year of the seven years of plenty, Pharaoh sent out Joseph to go around the whole land of Egypt. Joseph…


AOC, Omar, Tlaib Stage Arrests & Fake Handcuffing

Hard-Left people routinely use photo-op arrests for publicity. That is what House Democrats, including AOC, did yesterday to advertise their anger over the Supreme Court ruling in Roe v. Wade. They even faked handcuffing. These people are very unserious. Our nation is unserious. Alexandria Ocasio-Cortez (AOC) and other members of the House were arrested. In…


Rising inflation is driving up elderly Americans’ taxes

The following article, Rising inflation is driving up elderly Americans’ taxes, was first published on BizPac Review. Blake Mauro, DCNF Elderly Americans relying on Social Security for income may become subject to increased income taxes thanks to skyrocketing inflation. Since Social Security income is […] Continue reading Rising inflation is driving up elderly Americans’ taxes…


EU Auto Registrations Post Worst June Since 1996

EU Auto Registrations Post Worst June Since 1996 Data from the European Automobile Manufacturers’ Association this week revealed that European Union passenger car registrations plunged 15.4% to 886,510 units, marking the worst June since 1996.  This follows an ugly May, where registrations were also down 11.2%. New car registrations continue to be negatively affected by global supply chain…


How is following the Constitution this controversial?

How is following the Constitution this controversial? Shockingly, the Senate Foreign Relations Committee just rejected my attempt to reaffirm the Constitution. All my amendment said was NATO obligations don’t supersede the constitutional requirement that Congress declare war. How is this controversial? — Rand Paul (@RandPaul) July 19, 2022 The post How is following the Constitution…


18 got it right

18 got it right 18 got it right.https://t.co/aIV0CXPtuX — Thomas Massie (@RepThomasMassie) July 19, 2022 The post 18 got it right appeared first on Liberty Tree.